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    Principles of Corporate Finance Study Set 4
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    Exam 15: Management of Current Liabilities
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    If a Firm Gives Up the Cash Discount on Goods
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If a Firm Gives Up the Cash Discount on Goods

Question 111

Question 111

Multiple Choice

If a firm gives up the cash discount on goods purchased on credit, the firm should pay the bill


A) as soon as possible.
B) on the last day of the credit period.
C) before the credit period ends.
D) as late as possible.

Correct Answer:

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